Page 252 - THE PATH

Here, I would like to refer to a country that managed to
seize the moment and get to the top even in times of

global crisis.

An obvious example is today’s Chinese economic

expansion that exploited the weakness of other economic
systems that govern the world today. China today has an

organized system of purchasing annual supplies of raw

materials for the whole country. For example, it purchases
all the production of a steel mill. That way the price is

much lower than to buy parts of the production. Besides,
its labour force is relatively cheap. Its technology is

constantly improving and the production price in the
market is competitive.

This is not to say that I recommend such a system,
because if all the countries in the world start to apply it,

several years later a new crisis will come naturally and it

will be even more severe than the one we are facing
today.

One central administration for the whole world is inevitable

and best for the solution of the current problems. In such a

system, where the whole has one interest, there will never
be any economic crises.

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